#1  
1st October 2019, 11:28 PM
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Whether different interest rates charges available under Bank education loan scheme?


Respected Sir/Madam, I am going to apply for a Bank education loan so that I can study MBA course. But before this I would like to know that different interest rates charges available under education loan scheme? I don’t know much more about interest rates. Please help me!




  #2  
25th June 2022, 11:45 PM
Hera tabrez
Senior Member+++++
 
Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Whether different interest rates charges available under Bank education loan scheme?

Every bank gives loan at different rates of
Interest.

SBI upto 9.05%
Axis Bank 13 to 15%
Bank of Baroda 8 to 10%
HDFC 9 to 13%

The interest rate applicable for education loan can start from a low percentage of 11.25% of principal amount.

The interest on loan are floating rates and not on fixed basis.
It varies as per the loan amount and the course or institution.
Do you have any question? or have anything to say?



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